TEGNA Q4 Results Show Non-GAAP EPS of $0.43 and Revenue of $725.85M, Falling Below Expectations

Thursday, 29 February 2024, 13:03

TEGNA's Q4 financial report reveals a Non-GAAP EPS of $0.43, missing estimates by $0.03, and revenue of $725.85M, falling short by $24.97M primarily due to decreased political revenue. The results highlight challenges faced by TEGNA in meeting revenue expectations, reflecting the impact on its performance and market position.
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TEGNA Q4 Results Show Non-GAAP EPS of $0.43 and Revenue of $725.85M, Falling Below Expectations

TEGNA Q4 Financial Results Overview

TEGNA reported Non-GAAP EPS of $0.43, missing estimates by $0.03, and revenue of $725.85M, short by $24.97M primarily due to decreased political revenue.

Key Takeaways:

  • Non-GAAP EPS came in slightly below expectations.
  • Revenue fell short primarily due to lower political revenue.

The results indicate challenges in revenue generation and its impact on TEGNA's financial landscape. The company's ability to navigate through these obstacles will be crucial for its future performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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